Expiration of the Offer; Extension of Offer Sample Clauses

Expiration of the Offer; Extension of Offer. The Stock Offer shall expire at 5:00 p.m. (Central Time) on the date that is sixty days (60) days after the initial mailing of the Information Statement (the “Stock Offer Initial Expiration Time”) or, in the event the Stock Offer Initial Expiration Time has been extended pursuant to this Agreement, including an extension through the end of the Solicitation Period pursuant to Section 3.1(a), the date and time to which the Offer has been so extended (the Stock Offer Initial Expiration Time, or such later date and time to which the Stock Offer Initial Expiration Time has been extended pursuant to this Agreement, is referred to as the “Offer Expiration Time”). Subject to Section 10.1(i), PRA shall, and shall cause PRA Professional to: (i) extend the Offer until the first Business Day following the issuance by the Commissioner of his decision and order approving the Plan of Conversion if such decision and order has not been issued prior to the sixtieth (60th) day following the initial mailing of the Information Statement; and (ii) extend the Stock Offer for any period required by Applicable Law, any interpretation or position of the SEC, the staff thereof, or the New York Stock Exchange (the “NYSE”) applicable to the Stock Offer, and until any waiting period (and any extension thereof) applicable to the consummation of the Stock Offer under the Xxxx-Xxxxx-Xxxxxx Anti-Trust Improvements Act, as amended, and the rules and regulations thereunder (collectively, the “HSR Act”), and any other similar Applicable Law shall have expired or been terminated; provided, however, that in no event shall PRA or PRA Professional be required to extend the Stock Offer at any time that PRA is permitted to terminate this Agreement pursuant to Article 10.
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Related to Expiration of the Offer; Extension of Offer

  • Termination of Offer In the event that this Agreement is terminated pursuant to Section 8.1, Purchaser shall (and Parent shall cause Purchaser to) promptly (and, in any event, within 24 hours of such termination), irrevocably and unconditionally terminate the Offer and shall not acquire any Shares pursuant to the Offer. If the Offer is terminated or withdrawn by Purchaser, Purchaser shall promptly return, and shall cause any depository acting on behalf of Purchaser to return, in accordance with applicable Legal Requirements, all tendered Shares to the registered holders thereof.

  • Commencement of the Offer Provided that this Agreement shall not have been terminated in accordance with Article 9, as promptly as practicable after the Agreement Date (but in no event more than ten (10) Business Days after the Agreement Date), Purchaser shall (and Parent shall cause Purchaser to) commence (within the meaning of Rule 14d-2 under the Exchange Act) the Offer.

  • Notification of Acceptance of General Offer of Terms Upon execution of Exhibit E, General Offer of Terms, Subscribing LEA shall provide notice of such acceptance in writing and given by personal delivery, or e-mail transmission (if contact information is provided for the specific mode of delivery), or first class mail, postage prepaid, to the designated representative below.

  • Terms of the Offer NUMBER OF SHARES; PURCHASE PRICE; EXPIRATION DATE; RECEIPT OF DIVIDEND Upon the terms and subject to the conditions described herein and in the applicable Letter of Transmittal, Con Edison will purchase any and all Shares that are validly tendered on or prior to the applicable Expiration Date (and not properly withdrawn in accordance with "Terms of the Offer--Withdrawal Rights") at the purchase price per share listed on the front cover of this Offer to Purchase which is applicable to the Shares tendered, net to the seller in cash. See "Terms of the Offer -- Extension; Termination; Amendments, and -- Certain Conditions of the Offer." The later of 5:00 P.M., New York City time, on February 27, 1996, or the latest time and date to which the Offer is extended with respect to any Series of Preferred, is referred to herein as the "Expiration Date." There can be no assurance that Con Edison will exercise its right to extend the Offer with respect to any Series of Preferred. The Offer for a Series of Preferred is independent of the Offer for any other Series of Preferred. The February 1996 Dividend for each Series of Preferred has been declared and is to be paid on February 1, 1996 to holders of record as of the close of business on January 10, 1996. A tender of Shares pursuant to the Offer will not deprive any shareholder of his or her right to receive the February 1996 Dividend, regardless of when such tender is made. Holders of Shares tendered into and purchased pursuant to the Offer will not be entitled to any dividends in respect of any later dividend periods (or any portion thereof). No alternative, conditional or contingent tenders will be accepted. PROCEDURE FOR TENDERING SHARES To tender Shares validly pursuant to the Offer, the tendering holder of Shares must either:

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